Political M&A market makes for rocky days ahead

In the world of capital markets, when there is ambiguity and lack of clarity, nobody puts money in with a long-term investment view.

THE economy, stock market and corporate earnings, with the exception of glove companies, lack vibrancy.

But rocky days are ahead for the Malaysian corporate scene with a fiery mix of the Sabah state elections, upheavals, and “political mergers and acquisitions” (M&A).